New construction rebates help homebuyers save thousands when purchasing a brand-new home, making that dream property more affordable than ever. Did You Know? According to the National Association of Realtors (NAR), over 34% of all homebuyers in 2023 chose newly built homes. However, many didn’t realize they could have benefited from a New Construction Rebate, a cash-back incentive offered to buyers who work with qualifying agents. This rebate can return a portion of the commission, often amounting to thousands of dollars, back into the buyer’s pocket. What Is a New Construction Rebate? A New Construction Rebate is a financial incentive offered to homebuyers when they purchase a newly built home using a real estate agent who offers rebate programs. Typically, a portion of the buyer’s agent’s commission is returned to the buyer after closing. This rebate can help: Cover closing costs Reduce out-of-pocket expenses Offset moving or furnishing costs Improve buying power Why Builders Allow ...
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